Hexagon Agility secures an exclusive long‑term supply deal for its CNG fuel systems with Iveco Bus, strengthening the partnership between a leading natural‑gas vehicle technology provider and a major European commercial‑vehicle manufacturer
Executive summary: Hexagon Agility signed an exclusive long‑term agreement to provide Iveco Bus with its compressed natural gas (CNG) fuel‑system technology. The partnership expands the availability of CNG‑powered buses in Europe, supporting fleet operators’ efforts to meet emissions regulations and diversifying Hexagon’s revenue base in the alternative‑fuel market.
Who is involved: Hexagon Agility (a business unit of Hexagon Composites ASA) and Iveco Bus, a global commercial‑vehicle manufacturer.
Likely next: Hexagon Composites ASA will publish its Q2 and half‑year 2026 results on 6 August 2026, providing further detail on the agreement’s financial impact; Iveco Bus is expected to begin integrating the CNG systems into new bus models in the first half of 2027.
On July 28, 2026, Hexagon Agility, the compressed natural gas (CNG) systems business of Hexagon Composites ASA, announced an exclusive long‑term agreement to supply Iveco Bus with its CNG fuel‑system technology. The deal covers the supply of components for Iveco’s upcoming bus models and is intended to deepen collaboration in the alternative‑fuel segment of the commercial‑vehicle market. No financial terms were disclosed in the release. The agreement positions both companies to benefit from growing demand for low‑emission transport solutions in Europe.
Timeline
- — Hexagon Composites ASA: Hexagon Agility signs exclusive long-term agreement with Iveco Bus (PR Newswire)
- — Hexagon Composites ASA: Invitation to second quarter and half-year 2026 results (PR Newswire)
Analysis — what this means
Likely next events
- Hexagon Composites ASA to release Q2 and half‑year 2026 results on 6 August 2026
- Saudi Arabia may raise the price of crude exported to Asia by up to $5 per barrel to offset higher Red Sea shipping costs
Sectors affected
- Compressed natural gas (CNG) fuel‑system manufacturing
- Heavy‑duty commercial bus production
- European natural‑gas transport fuel market
Key entities
Sources
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